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Major Whale Account 0x9992 Borrows 10M USDC to Acquire Additional ETH on Aave
Gate News bot message, Following the activity of the #66kETHBorrow whale, another significant market participant identified as 0x9992 has executed a substantial ETH acquisition.
The wallet address 0x9992 borrowed 10 million USDC from Aave platform to purchase 2,909 ETH. Currently, the wallet maintains a substantial position on Aave with 83,816 ETH (valued at $288.6 million) deposited as collateral, against which it has borrowed $122.89 million in stablecoins.